Cerence Inc. · NASDAQ:CRNC
Cerence — Investor Presentation (February 2026)
31 slides from Cerence's investor presentation, February 2026
Slide 1: Investor Presentation February 2026
Investor Presentation February 2026 © 2026 Cerence Inc.
Slide 2: Forward-Looking Statements
Forward-Looking Statements Statements in this presentation as well as oral statements made by Cerence management from time to time, regarding: Cerence’s future performance, results and financial condition; expected growth, profitability and cash flow; outlook and momentum; transformation plans and c
Slide 3: Cerence AI Company Overview
Cerence AI Company Overview © 2026 Cerence Inc. 3
Slide 4: Cerence AI – Automotive and Beyond
Cerence AI – Automotive and Beyond Automotive Two-Wheeler Autonomous Truck Wearables IoT Enterprise HealthCare OUR EXPERTISE & INNOVATION FOUNDATION CUSTOMER EMPOWERMENT 80+ 60B+ 525M+ Customization & Integration Global OEMs Tokens Cars shipped with and Tier1s (Dataset) Cerence tech Control of Data
Slide 5: Experienced Leadership Team Driving the Future
Experienced Leadership Team Driving the Future Brian Krzanich Jennifer Salinas Nils Schanz President Executive Vice President, Chief Executive Vice President, & Chief Executive Officer Administrative Officer & General Counsel Product & Technology Christian Mentz Tony Rodriquez Executive Vice Preside
Slide 6: Cerence AI Board of Directors
Cerence AI Board of Directors Brian Krzanich Kristi Ann Matus Marianne Budnik Douglas Davis President Chairperson of the Board Director Director & Chief Executive Officer Marion Harris Marcy Klevorn Director Director © 2026 Cerence Inc. 6
Slide 7: Deep Partnerships with Leaders in Mobility and Beyond
Deep Partnerships with Leaders in Mobility and Beyond ADJACENCIES AND AUTOMOTIVE AUTOMOTIVE TIER-1S TECHNOLOGY & MEDIA NON-TRANSPORTATION & © 2026 Cerence Inc. 7
Slide 8: Cerence AI Automotive Portfolio
Cerence AI Automotive Portfolio © 2026 Cerence Inc. 8
Slide 9: Today's Challenges
Today’s Challenges Increasing digital complexity FRAGMENTED UI COGNITIVE DATA PRIVACY CHALLENGES APPROACH SMARTPHONE-LIKE UI OVERLOAD RESTRICTIONS Need to navigate Large touch screens Number and complexity Restricted data leverage between native UI and with many icons require of features cause reduc
Slide 10: Building the Next Gen User Experiences
Building the Next Gen User Experiences Trustworthy Multimodal Models (LMMs / SLMs) are the new computing engine, enabling a single conversational interface to work across applications to complete tasks based on user preferences. 1 AUTO FIRST EXPERIENCES Intuitive, personalized & reliable user intera
Slide 11: Our Vision
Our Vision The Vehicle as your AI companion Human-like Proactive and Holistic Powered by GenAI Interaction Personalized Brand Experience and tailored for automotive © 2026 Cerence Inc. 11
Slide 12: Our Solutions Portfolio
Our Solutions Portfolio Conversational & Audio & Generative AI Communication AI Full stack Gen AI-based voice assistant, Best-in-class audio applications, including voice activation, natural voice enhancing in-car experiences by input and output, hybrid conversational reducing environmental noise an
Slide 13: AI-Driven Solutions for Automotive
AI-Driven Solutions for Automotive Conversational & Generative AI Audio & Communication AI xUI Speech Signal Enhancement CaLLM Multi-Seat & Multi- Zone Intelligence Cerence Assistant “Plus” In-Car Communication Chat Pro Audio Boost Car Knowledge Exterior Vehicle Speech Output & Interaction Input Jus
Slide 14: Selected Automotive Credentials
Selected Automotive Credentials By seamlessly integrating ChatGPT into the backend of Mercedes-Benz User Experience, or MBUX, can be By bringing Cerence into our architecture, we can our voice assistant, we are now offering drivers the controlled in several ways, including voice, touch, steering dif
Slide 15: Opportunities Beyond the Car
Opportunities Beyond the Car PROTECTING AND MONETIZING INTELLECTUAL SUBSTANTIAL CONVERSATIONAL AI OPPORTUNITIES PROPERTY OUTSIDE OF AUTO INDUSTRY • Cross-license agreement with Samsung resulted in one- • Self-service kiosks (i.e. restaurants) time payment to Cerence of $49.5 million • Televisions •
Slide 16: Cerence AI Q1 FY26 Earnings Presentation
Cerence AI Q1 FY26 Earnings Presentation Brian Krzanich, CEO Tony Rodriquez, CFO February 4, 2026 © 2026 Cerence Inc. 16
Slide 17: Q1FY26 Results
Q1FY26 Results Q1FY25 Q1FY26 Q1FY26 Guidance Total Revenue $50.9M $115.1M $110M - $120M Gross Margin 65.0% 86.3% 85% - 86% Net (Loss) income $(24.3)M $(5.2)M $(2)M - $8M EPS – diluted $(0.57) $(0.12) $(0.05) - $0.16 Adjusted EBITDA(a,b) $1.4 $44.6 $30M - $40M Cash Provided by Operating Activities $9
Slide 18: Detailed Revenue Breakdown
Detailed Revenue Breakdown Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 In millions Total License: $22.7 $51.4 $34.2 $32.3 $87.8 Variable(a) $22.7 $29.9 $34.2 $31.6 $30.5 Total Fixed(b) $— $21.5 $— $0.7 $7.8 Patent(c) $— $— $— $— $49.5 Connected Services: $13.7 $12.6 $12.8 $14.2 $14.5 Connected Services(d) $1
Slide 19: Operational Metrics and Variable License Revenue
Operational Metrics and Variable License Revenue In millions FY25 FY26 Operational Metrics: Q1 Q2 Q3 Q4 Q1 Pro Forma $36.7 $39.7 $43.2 $40.1 $39.8 Royalties(a) Consumption of $14.0 $9.7 $9.1 $8.5 $8.7 Fixed Contracts(b) Variable License Revenue $22.7 $29.9 $34.2 $31.6 $30.5 IHS Production (units) 23
Slide 20: Q1 FY26 KPI Performance
• Adjusted Total Billings TTM(a) of $231 million, an increase of 1.5% compared to the same period last year. • Percent of worldwide auto production with Cerence Technology – 51% (TTM) Q1 FY26 KPI(d) • Approximately 12 million units shipped with Cerence technology in Q1 Performance • • an increase of
Slide 21: Fiscal Q2 and FY26 Guidance
Fiscal Q2 and FY26 Guidance(d) Q2FY26 FY26 Guidance Guidance In millions except per share Low High Low High amounts Revenue $58 $62 $300 $320 Gross Margin 71% 72% 79% 80% Net Income (Loss) ($1) $4 ($8) $12 EPS – diluted $(0.01) $0.08 $(0.18) $0.25 Adjusted EBITDA (a,b) $2 $6 $50 $70 Cash Provided by
Slide 22: Appendix
Q cerenceai Appendix
Slide 23: License Business Revenue Recognition
License Business Revenue Recognition Type of Contract Description GAAP Revenue Recognition Cash Receipt Quarter car is produced. Based on Quarter following GAAP revenue Variable License applied at production volume recognition Full value of contract at signing. Standard payment terms for full Fixed
Slide 24: Connected and Professional Services Revenue Recognition
Connected and Professional Services Revenue Recognition Connected Services Typical Period GAAP Revenue Recognition Cash Receipt Billed/collected full amount at start of Subscription Term 1 – 5 years Amortized evenly over subscription period subscription period (value added to deferred revenue) Recog
Slide 25: KPI Measures – Definitions
KPI Measures – Definitions We believe that providing key performance indicators (“KPIs”) allows investors to gain insight into the way management views the performance of the business as well as a potentially new KPI, Average PPU. We further believe that providing KPIs allows investors to better und
Slide 26: Non-GAAP Financial Measures – Definitions
Non-GAAP Financial Measures – Definitions Discussion of Non-GAAP Financial Measures We believe that providing the non-GAAP information, in addition to the GAAP presentation, allows investors to view the financial results in the way management views the operating results. We further believe that prov
Slide 27: Non-GAAP Financial Measures – Definitions
Non-GAAP Financial Measures – Definitions Adjusted EBITDA. Adjusted EBITDA is defined as net income attributable to Cerence Inc. before net income (loss) attributable to income tax (benefit) expense, other income (expense) items, net, depreciation and amortization expense, and excluding amortization
Slide 28: Non-GAAP Financial Measures – Definitions
Non-GAAP Financial Measures – Definitions Stock-based compensation. Because of varying valuation methodologies, subjective assumptions and the variety of award types, we exclude stock-based compensation from our operating results. We evaluate performance both with and without these measures because
Slide 29: Q1 FY26 Reconciliations of GAAP to Non-GAAP Results
Q1 FY26 Reconciliations of GAAP to Non-GAAP Results (unaudited - in thousands) Three Months Ended December 31, (unaudited - in thousands) 2025 2024 GAAP revenue $ 115,076 $ 50,896 GAAP gross profit $ 99,350 $ 33,072 GAAP gross margin 86.3% 65.0% GAAP total operating expenses $ 70,039 $ 50,005 Stock-
Slide 30: Q2 FY26 and Full Year FY26 Reconciliations of GAAP to Non-GAAP Guidance
Q2 FY26 and Full Year FY26 Reconciliations of GAAP to Non-GAAP Guidance (unaudited - in thousands, except per share data) Q2 2026 FY2026 Low High Low High GAAP revenue $ 58,000 $ 62,000 $ 300,000 $ 320,000 GAAP gross profit $ 40,920 $ 44,920 $ 236,205 $ 256,205 GAAP gross margin 71 % 72 % 79 % 80 %
Slide 31: Thank You.
Thank You. Contact: [email protected] © 2026 Cerence Inc. 31